Rimini Street
RMNI
38 hedge funds and large institutions have $173M invested in Rimini Street in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
19% more funds holding
Funds holding: 32 → 38 (+6)
10% more capital invested
Capital invested by funds: $157M → $173M (+$16.1M)
0.35% more ownership
Funds ownership: 43.45% → 43.8% (+0.35%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kingstown Capital Management
New York
|
+$5.31M |
| 2 |
ASP
Adams Street Partners
Chicago,
Illinois
|
+$2.56M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.56M |
| 4 |
Morgan Stanley
New York
|
+$2.15M |
| 5 |
Renaissance Technologies
New York
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cowen Inc
New York
|
-$3.36M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
-$806K |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$18.7K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.55K |
| 5 |
PIA
Piedmont Investment Advisors
Durham,
North Carolina
|
-$1K |
RMNI Hedge Fund Activity: Q3 2018 in Review
38 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Rimini Street (RMNI) for Q3 2018, worth a combined $173M — up 10% from $157M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new RMNI positions and 2 closed out — a net gain of 6 holders — while 15 added to existing stakes and 4 trimmed.
The largest buyer was Kingstown Capital Management, adding an estimated $5.31M. The largest seller was Cowen Inc, cutting an estimated $3.36M.
- 38 institutional investors held Rimini Street (RMNI) as of Q3 2018, up from 32 in Q2 2018.
- Funds reported $173M of Rimini Street stock for Q3 2018, up 10% quarter-over-quarter.
- 8 funds opened new Rimini Street positions in Q3 2018 and 2 closed out, a net change of +6 holders.
- The largest Rimini Street buyer in Q3 2018 was Kingstown Capital Management, an estimated $5.31M added.
- The largest Rimini Street seller in Q3 2018 was Cowen Inc, an estimated $3.36M sold.
Based on aggregated 13F filings for Q3 2018.